News: SKI Spark Infrastructure Group Proposes To Develop Renewable Energy Hub

July 15 (Reuters) - Spark Infrastructure Group (SKI) :

• PROPOSAL TO DEVELOP A RENEWABLE ENERGY HUB
• PLANS TO DEVELOP RENEWABLE ENERGY GENERATION AND STORAGE HUB IN NSW FOR UP TO 2.5GW
• PROPOSING TO DEVELOP, OPERATE & OWN DINAWAN ENERGY HUB - HYBRID WIND, SOLAR AND BATTERY STORAGE PROJECT IN SOUTH-WEST NSW
• ANTICIPATED THAT CONSTRUCTION OF STAGE 1 WOULD BEGIN IN 2024 WITH FIRST OPERATIONS TO COMMENCE IN 2025
• PROPOSED PROJECT IN EARLY STAGES OF PLANNING WITH WORK TO COMMENCE ON PRELIMINARY STUDIES AND CONSULTATION IN COMING MONTHS
• NO SIGNIFICANT COMMITMENTS FOR PROJECT IN PLACE AND ASSOCIATED COSTS REMAIN LOW AT THIS STAGE
• ANTICIPATED CONSTRUCTION OF STAGE 1 WOULD BEGIN IN 2024 WITH FIRST OPERATIONS TO COMMENCE IN 2025